Fino Payments Bank announced Q3FY25 results Q3FY25 Financial Highlights: Revenue increased by 25% YoY to Rs 461.3 crore. Digital Payment Business contributing 24% of revenue (up from 8% in Q3’24). EBITDA grew by 19% YoY to Rs 60.2 crore; PBT grew 25% YoY to Rs 28.5 crore. Operational & Transaction Highlights: Overall throughput value in Q3FY25 reached Rs 117.8k crore, reflecting a 26% YoY growth. Total throughput for 9M’25 reached Rs 330.4k crore, achieving 92% of the total FY24 throughput. Digital throughput grew 54% YoY to Rs 59k crore in Q3’25 and 68% YoY to Rs 150.6k crore in 9M’25. 26+ crore UPI transactions processed in Dec’24, contributing 1.61% to overall UPI ecosystem volume. Customer Ownership: Our total customer base has now reached 1.34 crore, marking a 33% increase compared to the previous year. During Q3FY25, we successfully opened around 8.3 lakh bank accounts, of which 70,831 were digital accounts. Annuity Business: Renewal income experienced a remarkable 52% YoY growth in both Q3FY25 and 9MFY25, reaching Rs 47.8 crore and Rs 133.9 crore, respectively. Average Deposits saw a significant rise of 39% YoY to Rs 1,890 crore in Q3FY25 and 37% YoY to Rs 1,762 crore in 9M’25, reflecting an increase in active accounts. Digital Payment Services recorded a significant 38% QoQ growth with Rs. 109.7 crores on the back of volume growth of the existing partners. We contributed 1.61% of the UPI ecosystem volume in Dec’24. AePS demonstrated a strong revival, with its throughput growing 19% YoY to Rs 8,142 crore in Q3FY25. Additionally, revenue rose by 34% YoY, reaching Rs 31.6 crore. Rishi Gupta, CEO & Managing Director said: “I am delighted to share that we have once again delivered record-breaking quarterly revenue, reflecting the strength and sustainability of our evolving business model. As we continue to advance our strategic initiatives, we are placing a strong focus on building our platform around digital services. Customer ownership continues to remain key to our growth and monetisation aspirations. India is rapidly moving towards digital economy, and we remain at the fore front of this transformation. With more and more customers becoming digitally active (~48 lakhs as on 31st December 2024) and with more partner accretions on B2B, we will continue to invest in technology and risk management to build a robust digital ecosystem.” Ketan Merchant, Chief Financial Officer said: “We are thrilled to announce that we have achieved our 20th consecutive profitable quarter, reflecting the strength and resilience of our business model and the execution effectiveness of our Transaction, Acquisition and Monetization (TAM) strategy. Staying aligned with our revised revenue growth guidance for FY25, we have delivered an impressive 25.7% YoY revenue growth in the first nine months of the current fiscal. Operating leverage is a key for us and with digital growth our margins are improving due to economies of scale." Result PDF